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Goodwill
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Goodwill
The changes in the carrying value of goodwill were as follows (in thousands):
Amount
Balance as of December 31, 2022$242,630 
Acquisition of Moritex Corporation (refer to Note 21)145,047 
Foreign exchange rate changes5,504 
Balance as of December 31, 2023393,181 
Moritex Corporation measurement period adjustments (refer to Note 21)6,478 
  Foreign exchange rate changes(14,722)
Balance as of December 31, 2024$384,937 
For its 2024 annual analysis of goodwill, management elected to perform a qualitative assessment. Based on this assessment, management believes it is more likely than not that the fair value of the reporting unit exceeds its carrying value. The Company did not record impairment charges related to goodwill in 2024, 2023, or 2022.